11 BEST BUDGET APP FOR COUPLES

Are you looking for the best budget app for couples?

Managing finances can be a real challenge for many couples.

But how do you choose which budget app to use?

We created our own list based on what we have used in the past.

Let’s dive in:

Couples can share budgeting apps to manage their finances and keep track of their spending.

Couple can use these simple and practical methods to achieve their financial goals together.

Here are the best budget app for couples in 2023.

1. Honeydue

Overview of Honeydue app

Honeydue is a budget app designed specifically for couples. Honeydue offers a simple and intuitive interface that allows you to track your spending and manage your finances with ease.

One of the standout features of Honeydue is the ability to link your bank accounts and credit cards, giving you a real-time view of your transactions and balances.

Key features of Honeydue

• Bank account and credit card linking – You are able to link your bank accounts and credit cards in real-time.

• Spending tracking – Honeydue allows you to track your spending, loans and investments. You can see where your money is going and make adjustments to your budget as needed.

• Budget goals – Honeydue enables you to set budget goals and alerts, helping you stay on track with your spending and savings goals.

• Bills coordination: Honeydue sends bill reminders to help couples avoid penalties and stay on top of their payments.

• The app includes built-in messaging features. Couples can communicate and discuss financial matters easily.

Pros and cons of using Honeydue

Pros:

• Real-time updates – With bank account and credit card linking, you can see your transactions and balances in real-time, which is very helpful for managing your finances.

• Easy to use – Honeydue’s interface is user-friendly and intuitive, making it easy to track your spending and manage your budget.

• Shared access – Honeydue allows you and your partner to have shared access to your finances, making it easy to collaborate and work together towards your financial goals.

Cons:

• Limited features – Honeydue’s features are somewhat limited compared to other budget apps, which may be a drawback for some users.

• No investment tracking – Honeydue doesn’t include investment tracking, which may be a negative for couples looking to manage their investments and retirement planning.

2. Goodbudget

Overview of Goodbudget app

Goodbudget is a budget app for couples that uses the envelope budgeting method.

This app allows you to track your spending and manage your budget by allocating your money into different envelopes based on your spending categories.

Goodbudget is ideal for couples who want to have a shared budget and track their expenses together.

Key features of Goodbudget

• Envelope budgeting – Goodbudget allows you to allocate your money into different envelopes based on your spending categories. You can avoid going overboard with your spending by using this strategy.

• Shared budget tracking – Goodbudget allows you to share your budget with your partner, making it easy to track your expenses and stay on the same page with your finances.

• Expense tracking – Goodbudget enables you to track your expenses and view your spending patterns, helping you to identify areas where you can cut back and save money.

Pros and cons of using Goodbudget

Pros:

• Envelope budgeting method – The envelope budgeting method is a tried and true budgeting method that has helped many people stay on track with their spending.

• Shared budget tracking – Goodbudget’s shared budget tracking feature makes it easy for couples to collaborate and stay on the same page with their finances.

• Expense tracking – Goodbudget’s expense tracking feature is very helpful for identifying areas where you can cut back and save money.

Cons:

• Learning curve – The envelope budgeting method can take some time to learn and may not be intuitive for some users.

• Limited free version – Goodbudget’s free version has limited features, and you will need to upgrade to the paid version to access all the features.

Overall, Goodbudget is an excellent budget app for couples who want to use the envelope budgeting method and track their expenses together.

Its shared budget tracking feature and expense tracking capabilities make it a great choice for couples who are serious about managing their finances. However, the learning curve and limited free version may be a drawback for some users.

3. Mint

Overview of Mint app

Mint is a popular budget app that offers a range of features to manage your finances.

This app provides a comprehensive overview of your finances. The detailed breakdown includes your bank accounts, credit cards, loans, and investments.

For couples who want a full picture of their financial situation, Mint is a great option.

Key features of Mint

• Budget tracking – Mint allows you to create a budget and track your spending in real-time. You can set alerts for overspending, so you can stay within your budget and avoid unnecessary fees.

• Bill tracking – Mint enables you to track your bills and receive alerts when they are due. This feature is helpful for avoiding late fees and keeping your finances organized.

• Goal setting – Mint allows you to set financial goals, such as saving for a down payment on a house or paying off credit card debt. The app provides helpful tips and insights to help you achieve your goals.

Pros and cons of using Mint

Pros:

• Comprehensive overview – Mint provides a complete picture of your finances, including your bank accounts, credit cards, loans, and investments.

• Budget tracking – Mint’s budget tracking feature is very helpful for staying on track with your spending and avoiding overspending.

• Goal setting – Mint’s goal setting feature is very useful for setting financial goals and staying motivated to achieve them.

Cons:

• Ads and recommendations – Mint displays ads and recommendations for financial products, which can be annoying for some users.

• Security concerns – Mint requires you to link your bank accounts and credit cards, which may raise security concerns for some users.

• Limited customization – Mint has limited customization options, which may be a drawback for users who want more control over their budget.

Overall, Mint is an excellent budget app for couples who want a comprehensive view of their finances.

Its comprehensive overview and helpful features make it a top choice for managing your finances. However, the ads and security concerns may be a drawback for some users.

4. PocketGuard

Overview of PocketGuard app

PocketGuard is a budgeting app to assist you manage your finances and keeping track of your spending.

You get automatic categorization of your transactions and see where your money is going. PocketGuard also allows you to track your bills and set budget goals.

Key features of PocketGuard

• Automatic categorization – PocketGuard automatically categorizes your transactions, so you can see where your money is going and adjust your budget accordingly.

• Bill tracking – PocketGuard allows you to track your bills and receive alerts when they are due, helping you avoid late fees and missed payments.

• Budget goals – PocketGuard enables you to set budget goals and track your progress towards them. This feature is helpful for staying motivated and focused on your financial goals.

Pros and cons of using PocketGuard

Pros:

• Automatic categorization – PocketGuard’s automatic categorization feature makes it easy to see where your money is going and adjust your budget accordingly.

• Bill tracking – PocketGuard’s bill tracking feature helps you avoid late fees and missed payments, keeping your finances organized.

• Budget goals – PocketGuard’s budget goals feature is helpful for staying motivated and focused on your financial goals.

Cons:

• Limited customization – PocketGuard has limited customization options, which may be a drawback for users who want more control over their budget.

• Paid version required for some features – PocketGuard’s most advanced features, such as custom categories and unlimited accounts, require a paid subscription.

• Limited investment tracking – PocketGuard’s investment tracking feature is limited compared to other budget apps, which may be a drawback for some users.

Overall, PocketGuard is a great budget app for couples who want automatic categorization, bill tracking, and budget goals.

Its easy-to-use interface and helpful features make it a top choice for managing your finances. However, the limited customization and paid subscription may be a drawback for some users.

5. Personal Capital

Overview of Personal Capital app

Personal Capital is a comprehensive financial management app that offers a range of features.

Great for budgeting, investing, and wealth management. Personal Capital will allow you to track and monitor your investments and set budgeting goals all in one place.

Key features of Personal Capital

• Investment tracking – Personal Capital allows you to track your investments in real-time, providing you with a clear picture of your portfolio’s performance.

• Net worth tracking – Personal Capital helps you track your net worth, which is your total assets minus your liabilities. This feature is useful for monitoring your progress towards your financial goals.

• Budgeting – Personal Capital’s budgeting feature allows you to set spending goals and track your progress towards them.

Pros and cons of using Personal Capital

Pros:

• Comprehensive financial management – Personal Capital offers a range of features for budgeting, investing, and wealth management, making it a great choice for couples who want to manage their finances holistically.

• Investment tracking – Personal Capital’s investment tracking feature is especially helpful for couples who have investments and want to monitor their portfolio’s performance.

• Net worth tracking – Personal Capital’s net worth tracking feature allows you to monitor your progress towards your financial goals.

Cons:

• High account minimums – Personal Capital’s investment management services require a high account minimum, which may be a drawback for some users.

• Limited customization – Personal Capital has limited customization options, which may be a drawback for users who want more control over their budget.

• Paid version required for some features – Personal Capital’s most advanced features, such as tax optimization and retirement planning, require a paid subscription.

Overall, Personal Capital is a great choice for couples who want comprehensive financial management and investment tracking.

Its net worth tracking and budgeting features are also helpful for staying on top of your finances. However, the high account minimums and paid subscription may be a drawback for some users.

6. YNAB

Overview of YNAB app

YNAB (You Need a Budget) is a popular budgeting app that uses the zero-based budgeting method.

YNAB allows you to assign every dollar you earn to a specific category, helping you prioritize your spending and save more money.

This app is a fantastic option for couples who want to be more deliberate with their spending and adhere to their financial objectives.

Key features of YNAB

• Zero-based budgeting – YNAB’s zero-based budgeting method requires you to assign every dollar you earn to a specific category, helping you prioritize your spending and save more money.

• Goal setting – YNAB’s goal setting feature allows you to set specific financial goals, such as paying off debt or saving for a down payment on a house.

• Expense tracking – YNAB’s expense tracking feature helps you keep track of your spending and stay on track with your budget.

Pros and cons of using YNAB

Pros:

• Zero-based budgeting – YNAB’s zero-based budgeting method helps you prioritize your spending and save more money.

• Goal setting – YNAB’s goal setting feature allows you to set specific financial goals and stay on track with your progress.

• Expense tracking – YNAB’s expense tracking feature helps you keep track of your spending and avoid overspending.

Cons:

• Steep learning curve – YNAB’s zero-based budgeting method may take some time to learn and get used to.

• No automatic syncing – YNAB does not automatically sync with your bank accounts, so you will need to manually input your transactions.

• Subscription-based – YNAB is a subscription-based app, which may be a drawback for users who prefer one-time purchases.

Overall, YNAB is perfect for couples who are spending conscious and want to pursue their financial goals.

Its zero-based budgeting method and goal setting feature are especially helpful for prioritizing spending and saving more money. However, the steep learning curve and subscription-based pricing could be downsides for some users.

7. EveryDollar

Overview of EveryDollar app

EveryDollar is a budgeting app users can use to manage their finances using the zero-based budgeting approach.

Key features of EveryDollar

• Zero-based budgeting – EveryDollar’s zero-based budgeting method requires you to assign every dollar you earn to a specific category, helping you prioritize your spending and save more money.

• Goal setting – EveryDollar’s goal setting feature allows you to set specific financial goals and track your progress over time.

• Expense tracking – EveryDollar’s expense tracking feature helps you keep track of your spending and avoid overspending.

Pros and cons of using EveryDollar

Pros:

• Zero-based budgeting – EveryDollar’s zero-based budgeting method helps you prioritize your spending and save more money.

• Goal setting – EveryDollar’s goal setting feature allows you to set specific financial goals and stay on track with your progress.

• Expense tracking – EveryDollar’s expense tracking feature helps you keep track of your spending and avoid overspending.

Cons:

• Limited free version – EveryDollar’s free version is limited in its features, and users will need to upgrade to the paid version for full functionality.

• No automatic syncing – EveryDollar does not automatically sync with your bank accounts, so you will need to manually input your transactions.

• Not available in all countries – EveryDollar is currently only available in the United States and Canada.

Overall, EveryDollar is a great choice for couples who want to create a budget that works for them.

Its zero-based budgeting method, goal setting feature, and couple expense tracking feature are especially helpful for prioritizing spending and saving more money. However, the limited free version and lack of automatic syncing may be a drawback for some users.

8. Wally

Overview of Wally app

Wally budgeting app for couples helps you track your expenses, set and achieve financial goals, and manage your money.

This app is a great choice for couples who want to keep track of their spending and work towards their financial goals together.

Key features of Wally

• Expense tracking – Wally allows you to track your expenses and categorize them, helping you understand where your money is going and identify areas where you can cut back.

• Bill reminders – Wally sends you reminders when bills are due, helping you avoid late fees and stay on top of your finances.

• Budget goals – Wally allows you to set budget goals and track your progress towards them, helping you stay motivated and on track.

Pros and cons of using Wally

Pros:

• Easy-to-use interface – Wally’s simple and user-friendly interface makes it easy to track your expenses and manage your money.

• Free version available – Wally offers a free version that includes all of its basic features, making it accessible to users on a budget.

• Bill reminders – Wally’s bill reminders help you avoid late fees and stay on top of your finances.

Cons:

• Limited functionality – Wally’s free version has limited functionality, and users will need to upgrade to the paid version for full functionality.

• No bank account linking – Wally does not allow you to link your bank accounts, so you will need to manually input your transactions.

• Limited budgeting features – Wally’s budgeting features are not as robust as some of the other apps on this list, making it less suitable for users with complex budgeting needs.

Overall, Wally is a great choice for couples who want to keep track of their spending and work towards their financial goals together.

Its expense tracking, bill reminders, and budget goal features make it easy to stay on top of your finances, and its user-friendly interface and free version make it accessible to users on a budget. However, the limited functionality and lack of bank account linking may be a drawback for some users.

9. Monarch Money

Overview of Monarch Money app

Monarch Money is a budgeting app designed for couples that focuses on communication and goal setting.

It allows couples to create shared accounts, track their spending, and set budget goals together.

Key features of Monarch Money App

• Shared accounts: Monarch Money allows couples to create shared accounts, where they can pool their money and track their spending together.

• Goal setting: Couples can set budget goals together and track their progress towards them.

• Spending tracking: Monarch Money automatically categorizes and tracks spending so users can see where their money is going.

• In-app messaging: Monarch Money has a built-in messaging system so couples can communicate about their finances within the app.

Pros and cons of using Monarch Money App

Pros:

• The shared account feature allows couples to work together towards their financial goals and keep each other accountable.

• The goal setting feature can help couples stay motivated and focused on their budgeting goals.

• The messaging system allows for easy communication and collaboration within the app.

Cons:

• The shared account feature allows couples to work together towards their financial goals and keep each other accountable.

• The goal setting feature can help couples stay motivated and focused on their budgeting goals.

• The messaging system allows for easy communication and collaboration within the app

10. Simplifi by Quicken

Overview of Simplifi app

Simplifi budgeting app offers you a simple and intuitive interface to help you track your spending.

With it, you can set financial goals and manage your money. With Simplifi, you can sync your accounts, track your expenses, and get reminders for bills and other financial obligations.

Key features of Simplifi

• Account syncing – Simplifi syncs with your bank accounts and credit cards, giving you a complete view of your finances.

• Expense tracking – Simplifi allows you to track your expenses and categorize them, so you can see where your money is going.

• Bill reminders – Simplifi sends you reminders for upcoming bills and other financial obligations, helping you avoid late fees and stay on top of your finances.

Pros and cons of using Simplifi

Pros:

• Easy to use – Simplifi has an intuitive interface that makes it easy to track your spending and manage your money.

• Account syncing – Simplifi syncs with your bank accounts and credit cards, giving you a complete view of your finances.

• Bill reminders – Simplifi sends you reminders for upcoming bills and other financial obligations, helping you stay on top of your finances.

Cons:

• Limited customization – Simplifi has limited customization options, which may not be suitable for users with more complex budgeting needs.

• No investment tracking – Simplifi does not offer investment tracking, which may be a drawback for users who want to manage their investments alongside their budget.

• Limited free version – Simplifi’s free version only allows you to sync one bank account, which may not be enough for some users.

Overall, Simplifi is a great choice for couples who want an easy-to-use budgeting app that offers account syncing and bill reminders.

Its couple expense tracker app feature shows you where your money is going, and its simple interface makes managing your money simple. However, its limited customization options and lack of investment tracking may not be suitable for all users.

11. Trim

Overview of Trim App

Trim is a budgeting app for couples that helps to manage their finances by analyzing their spending habits and finding ways to save money.

It allows users to link their bank accounts and credit cards to track their spending, and it provides personalized recommendations for cutting costs.

Key Features of Trim App

• Automated savings: Trim can automatically transfer money from a linked account to a savings account or investment account.

• Bill negotiation: Trim can negotiate bills on behalf of users to get better rates on services like cable and internet.

• Spending tracking: Trim categorizes and tracks spending so users can see where their money is going.

• Credit monitoring: Trim provides users with a credit report and alerts for any changes in credit score.

Pros and Cons of Using Trim App:

Pros:

• Automated savings can help users build up their savings without thinking about it.

• Bill negotiation can help users save money on monthly expenses.

• Credit monitoring can help users stay on top of their credit score and prevent identity theft.

Cons:

• The app’s fees can add up quickly, especially if users opt for premium features.

• Some users may be uncomfortable giving access to their bank accounts and credit cards to a third-party app.

• Trim may not be as robust as other budgeting apps in terms of features and customization options.

Choosing the right budget app for couples can be challenging, but there are many great options available. Honeydue, Goodbudget, Mint, PocketGuard, Personal Capital, YNAB, EveryDollar, Wally, Mvelopes, and Simplifi are all excellent choices for couples who want to take control of their finances and save money.

Each app offers its unique features and benefits, such as account syncing, expense tracking, bill reminders, goal setting, and more.

What is the best way for couples to budget?

By using a budgeting app, couples can stay on top of their finances and work together towards their financial goals.

As a couple when choosing a budgeting app, it’s essential to consider your specific needs and preferences.

Some apps work better for couples who want to monitor their spending and pay their bills on time, while others might work better for those who want to invest and increase their wealth.

Consider the features that are most important to you, such as account syncing, expense tracking, bill reminders, goal setting, and investment tracking.

You can consider the cost of the app and whether it offers a free version or a trial period.

Final thoughts and recommendations

The use of a budgeting app can be an excellent way for couples to take control of their finances and while they save money.

By tracking their spending and setting financial goals, couples can work together towards their shared financial objectives and achieve financial security and stability.

Finding a budgeting app that meets your needs and those of your partner is critical. Choose the app that best meets your unique needs and preferences after weighing the features and advantages of each.